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SVC - Apple Hospitality: Tempted To Take A Bite
May, 25 2022 10:00 AM
Service Properties Trust
The hotel REIT sector is outperforming the REIT average thus far in 2022. Apple Hospitality was the first hotel REIT to restore its dividend and is the only company in the sector that pays at or above the REIT average. In January, I gave this company a Buy rating, albeit with a small allocation. Quarterly results appear healthy, though not quite back to 2019 levels. This article examines growth, balance sheet, dividend, and valuation metrics for this sector-leading REIT. For further details see:
Apple Hospitality: Tempted To Take A Bite
Stock Information
Company Name:
Service Properties Trust
Stock Symbol:
SVC
Market:
NYSE
Website:
svcreit.com
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